NRW Holdings Ltd (ASX:NWH) announced that wholly owned subsidiary Action Drill & Blast Pty Ltd had been awarded a contract valued at about $40 million with Macmahon Holdings Ltd for work at Newcrest’s Telfer gold mine. The 66-month contract is Action Drill & Blast’s second in the gold industry as it builds on a successful track record in other commodities.
NRW Holdings Limited (ASX:NWH) is pleased to announce that its wholly owned subsidiary, Action Drill & Blast Pty Ltd has been awarded a contract to provide drilling and blasting services to Macmahon Holdings Limited at Newcrest’s Telfer gold mine.
The Telfer mine is located 400km east-south-east of Port Hedland, in the Pilbara region of Western Australia.
This 66 month contract is Action Drill & Blast’s second gold project award to date and has a base value of approximately $40m.
Jules Pemberton, MD of NRW said “Having proven to be very successful in other commodities it is pleasing to see Action Drill & Blast establish itself further in the gold sector”.